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johnson, our editor-at- large. he is from the ebay campus. next, details on the funeral arrangements for nelson mandela. stay with us. ♪ welcome back to the second half-hour of bottom line on bloomberg television. i'm mark crumpton thank you staying with us. let's check where the markets finished the session. you're with us at the bottom of decemberon this friday 6, 2013. good news for the stock market today. tocks rose sharply. and job gains were reported. that is an encouraging sign for the economy. and the unemployment rate dropped to the lowest in five years. the s&p 500 was up at 1805. the dow jones industrial average, rising to 16,020. the nasdaq composite index right rising at 4062. let's check some of the top stories for the hour. honorhedule of events to nelson mandela has been released. the south african president has declared it a day of her question. they'll be followed tuesday by memorial service. nelson mandela died yesterday at the age of 85 years old. he will lie in government buildings until his burial. president obama will
johnson, our editor-at- large. he is from the ebay campus. next, details on the funeral arrangements for nelson mandela. stay with us. ♪ welcome back to the second half-hour of bottom line on bloomberg television. i'm mark crumpton thank you staying with us. let's check where the markets finished the session. you're with us at the bottom of decemberon this friday 6, 2013. good news for the stock market today. tocks rose sharply. and job gains were reported. that is an encouraging sign for the...
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Dec 8, 2013
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sc johnson. >> pelley: nelson mandela's vision of a "rainbow nation" inspired millions, but what will the next generation carry forward from mandela's legacy? we asked two young south african film students to share their dreams and show us their world. >> my south africa is one built with strength and hope. >> a country that's always moving and bettering itself. >> i'm nina oosthuizen, 25 years old, grew up in johannesburg. grew up half english, half afrikaans. i'm very much proudly south african. >> my name is lulama bongobi. i'm 24 years old. i'm zulu. proudly black. proudly african, i must say. >> well, i'm still trying to figure out this camera. i'm on assignment for cbs news, and i want to invite you into my world. i grew up in a very white, very staunch afrikaans militarized school. i didn't have any black friends. you knew the townships were there. you drove by them, but that was a whole different world, a world that didn't touch mine. >> the township that i grew up in is called montedebe. it's far away from town. it's far away from all the good things in life. that's where i g
sc johnson. >> pelley: nelson mandela's vision of a "rainbow nation" inspired millions, but what will the next generation carry forward from mandela's legacy? we asked two young south african film students to share their dreams and show us their world. >> my south africa is one built with strength and hope. >> a country that's always moving and bettering itself. >> i'm nina oosthuizen, 25 years old, grew up in johannesburg. grew up half english, half afrikaans....
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Dec 6, 2013
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. >> tina johnson runs a fast food place nearby, like many here, she is sympathetic to what sears experienced. violent protesters smashed windows every time, some suspect a large retailer simply gave up on replacing them. >> they shld make a decision as to whether they want to continue to do business in oakland and if so, then they need to clean it up. >> sears doesn't have any immediate plans to replace them. the company released a statement saying the custom windows date back to the 1930s and replacing them is more complicated than those in a typical building. neighbors aren't satisfied. >> there was something in the windows, more people would come down to shop downtown and with them all boarded up, it looks like downtown is boarded up. >> if sears doesn't clean it up, they'll charge with inspection and violation fees. kpix5. >> the city has given sears one month to come up with a plan. >>> cal's memorial stadium getting a new name. that's thanks to deep pocketed investors who so happen to be former students there. andrea on what is now being called kabam field at california me marl stadium
. >> tina johnson runs a fast food place nearby, like many here, she is sympathetic to what sears experienced. violent protesters smashed windows every time, some suspect a large retailer simply gave up on replacing them. >> they shld make a decision as to whether they want to continue to do business in oakland and if so, then they need to clean it up. >> sears doesn't have any immediate plans to replace them. the company released a statement saying the custom windows date...
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. >> reporter: tina johnson runs a fast-food place nearby. like many she is sympathetic to what sears has experienced. violent protestors smashed its windows every time. some suspect the large retailer simply gave up on replacing them. >> they should make a decision as to whether they want to continue to do business in oakland and if so, then they need to clean it up. >> reporter: sears doesn't have any immediate plans to replace them. the company released a statement to us saying, the custom windows date back to the 1930s and replacing them is complicated. neighbors aren't satisfied. >> there was something in the windows more people would come down to shop downtown and with them boarded up it looks like downtown is boarded up. >> reporter: the city says if sears doesn't replace the windows they will charge the company with violation and inspection fees. in oakland, i'm da lin, kpix 5. >> sears officials now have a month to come up with a plan to replace the windows. >>> 4:50. coming up waiting for another day of bitter cold but the weather i
. >> reporter: tina johnson runs a fast-food place nearby. like many she is sympathetic to what sears has experienced. violent protestors smashed its windows every time. some suspect the large retailer simply gave up on replacing them. >> they should make a decision as to whether they want to continue to do business in oakland and if so, then they need to clean it up. >> reporter: sears doesn't have any immediate plans to replace them. the company released a statement to us...
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. >> reporter: tina johnson runs a restaurant nearby. she is sympathetic to what they experienced. violent protesters smashed its windows every time. some suspect the retailer gave up on replacing them. >> they should make a decision if they want to continue to do business in oakland. if sew, they need to clean it up. >> reporter: sars has no plans to release it. they say replaceing the twin does is more complicated than those in a typical building but neighbors are not satisfied. >> more people would come down to shop downtown. with them boarded it up, it looks like the downtown is boarded up. >> reporter: in oakland,. >>> the bay area college sports field goes corporate with cal students calling their stadium something new and the multimillion dollar deal behind it. >> and an arrest in connection with paul walker's deadly crash, but nothing to do wit,,,, for all those who sleep too hot or too cool, and struggle to sleep comfortably together, now there's a solution. the company that individualized your comfort with the sleep number bed brings you sleep number dual temp, the revolu
. >> reporter: tina johnson runs a restaurant nearby. she is sympathetic to what they experienced. violent protesters smashed its windows every time. some suspect the retailer gave up on replacing them. >> they should make a decision if they want to continue to do business in oakland. if sew, they need to clean it up. >> reporter: sars has no plans to release it. they say replaceing the twin does is more complicated than those in a typical building but neighbors are not...
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. >> reporter: tina johnson runs a fast food place nearby, and she is sympathetic to what they are going through. >> they should make a decision as to if they want to continue to do business in oakland, and if so, they need to clean them up. >> reporter: the company said they are custom windows dating back to the 1930s, and replacing them is harder. the city said if they don't start to clean them up, they will charge them with violation. in oakland, i'm da lin. >> sears officials have 1 month to come up with a plan to fix the windows. >>> a cat missing for more than 3 years is back with its bay area owners tonight this is dasher. his family had him microchipped when he was a kitten. they moved, and dasher was scared and ran away. someone found him, bringing him to the animal shelter. >> he's been gone for so long, i lost hope we would find him. i was really surprised, especially when they ran the chip, and it was him. >> maybe he's around the neighborhood, he can't go far, but sure enough, 2.5 miles away, there he is. yeah, it's just great! >> the family says that dasher is doing quite w
. >> reporter: tina johnson runs a fast food place nearby, and she is sympathetic to what they are going through. >> they should make a decision as to if they want to continue to do business in oakland, and if so, they need to clean them up. >> reporter: the company said they are custom windows dating back to the 1930s, and replacing them is harder. the city said if they don't start to clean them up, they will charge them with violation. in oakland, i'm da lin. >> sears...
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Dec 5, 2013
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johnson & johnson and cemex. >> let me start with the last one first, speculative mexican play. i have to tell you, mexico, i have been trying to find ways to play mexico and i don't like the eww. that's an interesting way to do. aerospace, boeing, j&j, it's a large part of my charitable trust. mcdonald's, no on phillip morris. i didn't like that quarter. replace it with a diversified industrial company like g.e. you have a restaurant chain, tobacco, i don't like that one. aerospace. drug and cement. good choices, but the pmi, a lot of people got hurt by that because it's a new negative view for me. i have liked it for ages. i no longer do. stick with cramer. >>> mad about "mad money"? immerse yourself into cramers world, while you watch the show with zeebox. on your phone, tablet or on the web, get sneak peeks, go behind the scenes. and join the conversation. download the free app today for the ultimate cramerican adventure. >>> so much data today got lost in the shuffle. the twitter led rally, they did terrifically. facebook thought it would be added to the s&p, it didn't. but
johnson & johnson and cemex. >> let me start with the last one first, speculative mexican play. i have to tell you, mexico, i have been trying to find ways to play mexico and i don't like the eww. that's an interesting way to do. aerospace, boeing, j&j, it's a large part of my charitable trust. mcdonald's, no on phillip morris. i didn't like that quarter. replace it with a diversified industrial company like g.e. you have a restaurant chain, tobacco, i don't like that one....
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also, cory johnson, of our bloomberg west editor at large. be live inest will san jose all day long, taking us inside ebay, including the sit down with the ceo. we will be back in two minutes right here. ♪ >> spotify is expanding. the new service just requires a constant internet connection. the coin is gaining traction in e-commerce. bank of america analysts say the currency has a clear potential for growth due to low transaction costs. declined more than 80 fold so far this year. incredible. -- theft has teamed up unit is working with the bureau to fight revenue stealing malware that affected more than 2 million computers. the software has cost online advertisers almost $3 million a month. johng up, a surprise support we got this morning. the jobless rate falling to its lowest level in five years at seven percent. we will talk to tom perez. also, an exclusive interview with japan's prime minister, trying to ease tensions over china's new air defenses on. we will be back as well with the opening bell. ♪ >> welcome back. it is 26 minutes
also, cory johnson, of our bloomberg west editor at large. be live inest will san jose all day long, taking us inside ebay, including the sit down with the ceo. we will be back in two minutes right here. ♪ >> spotify is expanding. the new service just requires a constant internet connection. the coin is gaining traction in e-commerce. bank of america analysts say the currency has a clear potential for growth due to low transaction costs. declined more than 80 fold so far this year....
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go to "lunch i am adam johnson. nelson mandela is a name recognized all over the world and will likely written in the history books for generations. a freedom fighter who emerged to revolutionize a country in south africa. as you know, he died last night. he was 95 years old. >> a free man taking his first steps. from prisoner to president, nelson mandela's 1990 release from
go to "lunch i am adam johnson. nelson mandela is a name recognized all over the world and will likely written in the history books for generations. a freedom fighter who emerged to revolutionize a country in south africa. as you know, he died last night. he was 95 years old. >> a free man taking his first steps. from prisoner to president, nelson mandela's 1990 release from
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Dec 9, 2013
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cory johnson is here with me "in the loop" this morning. ever since he made those egg wins in housing, he has been scrutinized in those losses. >> he raised a lot of money in the down market. gold has been a really rough investment. aboutis excitement alternate currencies, whether it is cold, whether it is other trades, and of coarse bitcoin -- of course bitcoin. it is good to see him making a little bit of a comeback, especially in the things that work at first. lampert --ng any eddie lampert now vulnerable. senior markets are spotted julie hyman has the latest on june -- any lambert options. what is his current exposure to sears? now 48%take in sears is command that is because his clients have been asking for their money back in some cases. he recently distributed that back to them in the form of sears shares, and a reduced his stake from about 55% to about 48%. some bolts are watching the situation and sake that the investors are losing patience. invested inrst sears, there was a five-year lockup. lockuphey could not -- time when they co
cory johnson is here with me "in the loop" this morning. ever since he made those egg wins in housing, he has been scrutinized in those losses. >> he raised a lot of money in the down market. gold has been a really rough investment. aboutis excitement alternate currencies, whether it is cold, whether it is other trades, and of coarse bitcoin -- of course bitcoin. it is good to see him making a little bit of a comeback, especially in the things that work at first. lampert --ng...
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corey johnson is there right now he just interviewed the c.e.o. i'm curious to know, what did he tell you? >> yeah, so really interesting stuff here. they really do take great pains to take their customers through here to convince merchants who market, either a food sporting goods store, that this is the future payment. but when people think about the the big newsail, of the last week was the really amazing notion of drones ebay'sing packages from archrival amazon. so very interesting what john to say about mocking this whole idea of drones. take a listen. really focusing on long-term fantasies. we're focusing on things that will change consumers' experience. >> so clearly taking a shot at p.r. stunt, the very successful p.r. stunt from amazon.com. to thinkf you want sort of big picture metaphor for what these businesses are, think as an aspiring online wal-mart and ebay as aspiring small businesses enables others. ebay isn't what it was 10 years ago. it's not an auction site only anymore. only about 1/3 of their isiness, probably less now, auctio
corey johnson is there right now he just interviewed the c.e.o. i'm curious to know, what did he tell you? >> yeah, so really interesting stuff here. they really do take great pains to take their customers through here to convince merchants who market, either a food sporting goods store, that this is the future payment. but when people think about the the big newsail, of the last week was the really amazing notion of drones ebay'sing packages from archrival amazon. so very interesting...
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. >> adam johnson can do a good ron burgundy imitation just by being himself. it is now time for our morning reef this job stay. >> it is job stay. atwill get the jobs number --0 a.m. eastern a reader eastern. we also have earnings coming out, american eagle earnings before the bell and alan greenspan speaks at 4 p.m. eastern in philadelphia. and the draw for the next year's world cup takes place in brazil. it is a big deal in the rest of the world. for that. looking >> scarlet fu with a job stay company news. >> a new ceo is ready to sell the price is right at time warner cable. his background and mergers has given him the experience to know a good deal when he sees one. comcast and charter have considered making bids. this is according to people familiar with the matter. nissan is belting back in china. sales should be stronger than industrywide gains for the first time in three years. the sun was one of the hardest hit japanese committees in china when a territorial dispute over islands led to a boycott of some japanese market -- cap these products. and for
. >> adam johnson can do a good ron burgundy imitation just by being himself. it is now time for our morning reef this job stay. >> it is job stay. atwill get the jobs number --0 a.m. eastern a reader eastern. we also have earnings coming out, american eagle earnings before the bell and alan greenspan speaks at 4 p.m. eastern in philadelphia. and the draw for the next year's world cup takes place in brazil. it is a big deal in the rest of the world. for that. looking >>...
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us is cory johnson. you are going to be joining us for two hours all week long. >> it is very early in the west coast. it is only 8:00 here. >> you are not jetlagged, are you? we are going to walk through some of the top stories. we are all over healthcare.gov. iter the dub octal when first was initiated, it has come back. about one million people have visited the site since september 2. today is the deadline for lawmakers. >> they have a dose of their own medicine. i thought it was very telling on cyber monday. the walmart site had problems. at the same time -- i am not sure which is worse. areome of the lawmakers getting an ugly surprise, including john boehner. he said that the premiums would double. co-pays are going to triple.
us is cory johnson. you are going to be joining us for two hours all week long. >> it is very early in the west coast. it is only 8:00 here. >> you are not jetlagged, are you? we are going to walk through some of the top stories. we are all over healthcare.gov. iter the dub octal when first was initiated, it has come back. about one million people have visited the site since september 2. today is the deadline for lawmakers. >> they have a dose of their own medicine. i thought...
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Dec 9, 2013
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will: 'twas the bazillionth winter for the johnsons' tv. and fed up dad said "time for a new one if you ask me." but which one to buy? there were so many choices. enter the blue shirts, with their calm expert voices. with low price guarantee there was money to spare. so mom bought a camera, right then and there. nothing will ever replace good literature. vo: get great gifts like the canon eos rebel sl1. at your ultimate holiday showroom. best buy. as your life and career change, fidelity is there for your personal economy, helping you readjust your retirement plan along the way, rethink how you're invested, and refocus as your career moves forward. wherever you are today, a fidelity i.r.a. has a wide range of investment choices to help you fine-tune your personal economy. call today, and we'll make it easy to move that old 401(k) to a fidelity i.r.a. >> cooper: one of the most extraordinary stories of bravery to emerge from the war in afghanistan began when a four- man navy seal team found themselves badly outnumbered in a long and vicious
will: 'twas the bazillionth winter for the johnsons' tv. and fed up dad said "time for a new one if you ask me." but which one to buy? there were so many choices. enter the blue shirts, with their calm expert voices. with low price guarantee there was money to spare. so mom bought a camera, right then and there. nothing will ever replace good literature. vo: get great gifts like the canon eos rebel sl1. at your ultimate holiday showroom. best buy. as your life and career change,...
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joining us right now is robert johnson. he's the founder and chairman as well as the cnbc contributor. and robert, you knew nelson mandela. how many times had you met with him? >> yeah, i had the pleasure to meet with president mandela probably five or six times over the course of being in africa. we raise multimillions of dollars through a telethon for president mandela. and he was certainly, obviously, a giant of a man in the fact he did two things that most people never do. one, you forgive your captives in a way that brings about reconciliation. and the second thing he did from an economic standpoint, he understood you simply couldn't confiscate all the white africans' assets and turn it over to blacks which many people thought he should do, including people in south africa. but he recognized that south africa was both going to be a democracy and a free market economy. and that's the unique nature of his leadership. it was not just being a revolutionary, it was also being a leader of the largest economy. >> we spoke to
joining us right now is robert johnson. he's the founder and chairman as well as the cnbc contributor. and robert, you knew nelson mandela. how many times had you met with him? >> yeah, i had the pleasure to meet with president mandela probably five or six times over the course of being in africa. we raise multimillions of dollars through a telethon for president mandela. and he was certainly, obviously, a giant of a man in the fact he did two things that most people never do. one, you...
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." >> we had robert johnson on earlier today, did some fund-raising for the amc, i think he did a beautiful job of wrapping up the import of nelson mandela's effect on the south african economy as well. >> from an economic standpoint, he understood that you simply couldn't confiscate all the white africans' assets and turn it over to blacks, which many people felt he should do, including people in south africa, but he recognized that south africa was going to be both a democracy and free market economy. that's the unique nature of his leadership. >> i'm not trying to paint mandela as a neocon but certainly moved far away from the leftist position. >> follows that he was a pragmatist. >> focused on things that worked. >> brokaw told a story last night saying that when he got out, one of the first things he looked for was trash pick up. >> the average black worker earns one-sixth of what a white worker gets. does it tumble back into racial division, iconoclast warfare? this is the hot button issue now surely. >> there are still younger members in the party who would like to move to the left.
." >> we had robert johnson on earlier today, did some fund-raising for the amc, i think he did a beautiful job of wrapping up the import of nelson mandela's effect on the south african economy as well. >> from an economic standpoint, he understood that you simply couldn't confiscate all the white africans' assets and turn it over to blacks, which many people felt he should do, including people in south africa, but he recognized that south africa was going to be both a...